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Car rental giants Hertz and Sixt get hit by 'triple blow' in EV transition

Nuying Huang, Taipei; Willis Ke, DIGITIMES Asia 0

Credit: AFP

US-based car rental giant Hertz and its European counterpart Sixt have both faced severe financial losses due to the rapid depreciation of electric vehicles (EVs) in their fleets. This issue emerged in mid-2023, with Sixt gradually recovering while...

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